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Busy Confectionery And Sunbed Business In Cumbria

Ambleside Cumbria
Popular Confectionery Business Ambleside, Cumbria T/O: £140,000 GP: TBA Scope to increase turnover Town centre location Popular tourist destination Owners' accommodation
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 62843
ADVERT IMPRESSIONS : 10,511 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Confectioners
SALE: Agent Sale

LEASEHOLD:

£179,000
 

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BUSINESS DETAILS:

Location
The Old Bridge House Fudge Shop is ideally located within the picturesque town centre of Ambleside, Cumbria. The business is situated on a main road and is set among a variety of shops and businesses and boasts stunning views of the Lakeland and surrounding mountains. The shop benefits from ample parking in the vicinity, nearby bus stops and offers easy access to the local A-road network. Ambleside is an ideal base for hiking, mountaineering and mountain biking, and possesses a large variety of shops and businesses including hotels, guest houses, pubs and restaurants, which attract many tourists to the area. The business lies approximately 5 miles away from the popular holiday destination of Windermere and approximately 4 miles away from Grasmere.

Business History
Preferred Commercial is pleased to offer for sale this busy confectionery and sunbed business, which was established by our clients in 1993 and which is only now being placed on the market due to our clients' wish to retire. The business generates a turnover in the region of £140,000 per annum, derived from producing luxury home made fudge along with offering general confectionery lines and sunbed hire, with a high net profit of approximately 35%. The business trades 7-days per week and enjoys much repeat trade from locals and tourists. The property is 3-storey and was built some 300 years ago. The retail premises have a traditional confectionery shop style outlook and boast a large sales area, which is well-equipped to suit the trade, with various confectionery displays and a large storage area. There is also 2-bedroom owners' accommodation above, which has a spacious lounge and kitchen. We feel that turnover could be increased by introducing a modest marketing campaign and perhaps a business website offering internet based sales. There is also potential to convert the living accommodation into guest letting accommodation, which would generate additional income. This is an ideal opportunity to acquire a unique business, situated in a popular tourist destination, which is in a walk-in-and-trade condition. Early negotiations with Preferred Commercial must come highly recommended.

Financial Details
T/O: £140,000 approx.
Net Profit: 35%

Opening Hours
Peak season: Mon - Sun: 9.00am - 9.00pm
Off season: Mon - Sun: 9.00am - 5.00pm

Accommodation Details
3-storey property offering 2-bedroom owners' accommodation and large retail premises. Briefly comprising:

Ground Floor
• Sales area with large glass confectionery displays, ice-cream refrigerators and shelving to perimeter walls
• Sunbed room with shower cubicle
• Further storage room with various stock and WC

First Floor
• Spacious lounge
• Kitchen with a range of fitted units and integrated appliances
• Double bedroom with fitted wardrobes

Second Floor
• Double bedroom with fitted wardrobes
• Bathroom with shower

External
• Rear yard

Tenure
Leasehold
Original length: 25 years
Remaining length: 10 years
Rent Review: every 3 years
Rent: TBA
   
  FOR SALE
   

REFERENCE:

2446 / RightBiz
   
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